WOONSOCKET – CVS Caremark Corp. reduced its lobbying expenditures by 13 percent in the third quarter, according to The Associated Press.
CVS cuts its costs to $2.2 million from $2.6 million in the third quarter of 2011. It spent $2.3 million in the 2011 second quarter.
It lobbied Congress, the Department of Health and Human Services, and the Centers for Medicare and Medicaid Services, the AP said, citing a form filed Oct. 20 with the U.S. House of Representatives clerk’s office.
CVS focused on issued related to:
Prescription drug costs.
Pharmacy benefits management laws that would require pricing and contract information disclosure.
Corporate tax rates.
Medicare Part D prescription drug benefit.
Medicare and Medicaid plan design and cost savings.
Disclosures of protected health information.
Proposals that would change the delivery schedule for the U.S. Post Office.
Health insurance regulations.
Laws related to mail order prescriptions and generic drugs, drug safety and antitrust exemptions for pharmacies.
Estate and Corporate Income Taxes are changing next year, and business owners and executives should know the details. The PBN Summit on November 6th will provide those details and more - including how much Obamacare's Employer Mandate could cost.
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